State Street SPDR S&P Metals & Mining ETF
94 hedge funds and large institutions have $179M invested in State Street SPDR S&P Metals & Mining ETF in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 43 closing their positions.
50% more call options, than puts
Call options by funds: $69.5M | Put options by funds: $46.5M
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
7.85% less ownership
Funds ownership: 78.71% → 70.85% (-7.9%)
20% less funds holding
Funds holding: 117 → 94 (-23)
44% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 43
61% less capital invested
Capital invested by funds: $454M → $179M (-$275M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$14.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.81M |
| 3 |
Jane Street
New York
|
+$6.19M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.9M |
| 5 |
AC
Athanor Capital
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$34.2M |
| 2 |
Twin Tree Management
Dallas,
Texas
|
-$27.5M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$24.6M |
| 4 |
Barclays
London,
United Kingdom
|
-$18.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.92M |
XME Hedge Fund Activity: Q1 2020 in Review
94 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q1 2020, worth a combined $179M — down 61% from $454M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of XME and 24 opened new positions — a net loss of 19 holders — while 25 trimmed existing stakes and 24 added.
The largest buyer was SG Americas Securities, adding an estimated $14.1M. The largest seller was Bank of America, cutting an estimated $34.2M.
- 94 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q1 2020, down from 117 in Q4 2019.
- Funds reported $179M of State Street SPDR S&P Metals & Mining ETF stock for Q1 2020, down 61% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q1 2020 and 43 closed out, a net change of -19 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q1 2020 was SG Americas Securities, an estimated $14.1M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q1 2020 was Bank of America, an estimated $34.2M sold.
Based on aggregated 13F filings for Q1 2020.